When Matthew Neer started showing off his lavish lifestyle on the sales video of 5k Formula, I was immediately wary and a bit turned off. Admittedly, that was totally unnecessary. That’s probably the number one ingredient for marketing scams – always trying to shove their luxuries down our throats. He also tells you you don’t need experience and you’re not required to make your own website. You don’t have to blog, sell and it’s not MLM. Yet, it “spits money like crazy” and is more like a “digital ATM.” Okay, Matthew. We can stop with all the hype now.
WHAT IT IS
Matthew’s system runs on autopilot. He offers a pre-made sales funnel and all you have to do is direct traffic to it (you can utilize Facebook, safe lists and solo ads for this). Any online marketer would agree on the importance of a well-made sales funnel. It’s basically the backbone for your entire sales process although there are still companies who are not taking full advantage of it.
Anyway, another thing you have to do is find a product on Clickbank and JVZoo. And that’s it. You only want your traffic to convert into sales. Then, you get paid.
- Most things are done for you – From squeeze pages to email templates, his “high converting sales funnel system” is ready to make you rich… or NOT.
- Decent videos –They were detailed, clear and concise. It’s also easy to follow and understand.
- Too much hype – His video is so full of red flags that it was such a pain to finish watching it. Also, showing us your travels and money will make you look less legit. Just sayin’.
- Too many up-sells – With about 8 up-sells, the total cost will be at $684 if you let Matthew dupe you into thinking you need them all.
- Trying so hard to sell – I bet no one’s interested in watching Matthew withdraw money from his ATM. Seriously, dude? You don’t see real rich people do that.
- Unrealistic claims – Not sure how he came up with 5k but he’s making it seem like it’s so easy to make thousands of dollars with his system when in reality, it’s not.
It’s a lot like those pancake mix you buy from the store. You’re told to only add water or milk or egg and voila, you can whip up a delicious breakfast. Sadly, when you taste it, it’s nothing like those homemade batches you made – plenty of ingredients, more work but way more scrumptious than the one from the package. That’s exactly what’s happening with the 5K Formula. You just add traffic but in the long run, it will not thrive. The results are not the same when you do the work. It’s more rewarding and there’s significant difference in your profits.
If you sign up, it will be at your own risk. Although the entire training is pretty decent, I still wouldn’t go for it. If you think long term, hitching a ride on someone else’s website isn’t really the best way to make money online. In case the site goes down, you’ll be left with nothing.
5k Formula is no scam but it’s not the best way to earn at home either.